Google has formally announced the launch of its AI Futures Fund to identify and invest in artificial intelligence startups. Participating startups will get early access to Google DeepMind’s latest models — Gemini, Imagen and Veo, “hands-on support from Google researchers” and Google Cloud credits. The AI Futures Fund has been ramping up these past several months, working with startups including Fal, Replit and Synthesia, among others. In identifying up-and-coming AI startups, Google is competing against Amazon and Microsoft who have aggressively pursued nascent firms, most notably Anthropic and OpenAI, respectively. Continue reading Google Launches AI Futures Fund to Finance, Foster Startups

As part of a larger push to boost its global subscriptions, Google’s YouTube is pilot-testing a discounted two-person Premium plan with select users in France, Hong Kong, India and Taiwan. The tier’s pilot program, which allows users to share their YouTube Premium or YouTube Music Premium membership with another household member (13 years or older) without committing to a family plan, comes as the platform looks to diversity beyond its advertising business. YouTube is testing whether the plan, similar to the Duo offering from music streamer Spotify, would be appealing to couples or roommates looking to minimize costs while maintaining separate accounts. Continue reading YouTube Tests Two-Person Premium Tier to Help Grow Subs

Alphabet revenue was $90.2 billion in Q1, a 12 percent increase year-over-year that reflects “robust momentum” across Google Search and YouTube ads and Google Cloud, each delivering double-digit growth rates. Google Cloud was up 28 percent to $12.3 billion in divisions including AI infrastructure and generative AI solutions. Net profit surged 46 percent to $34.5 billion while operating income grew 20 percent to $30.6 billion. Google and Alphabet CEO Sundar Pichai said the quarter was “super exciting” due to breakthroughs in performance by Gemini 2.5, calling it “our most intelligent AI” and a strong foundation “for future innovation.” Continue reading Alphabet Profit Is Up 46 Percent, Driven by AI and Advertising

Amazon is predicting more than $100 billion in capital expenditure for AI in 2025. The majority of that will be invested in the AWS cloud division, according to Amazon President and CEO Andy Jassy, indicating Big Tech is not planning to back down on AI. Amazon’s Q4 profit hit $20 billion, an 88 percent increase over the same period in 2023, and full year profit was $59.2 billion, a 94 percent increase, on revenue of $638 billion, an 11 percent rise. On an earnings call, Jassy said the $26.3 billion in Q4 2024 capex spending “is reasonably representative” of what the company can be expected to spend on an annualized basis this year. Continue reading AWS Cloud Computing Generates Half of Amazon’s Q4 Profits

Google has initiated a flurry of AI activity following the recent collection of Chinese AI releases. The Alphabet company has launched an experimental version of a new flagship AI model, Gemini 2.0 Pro. Its premiere coding and complex questions model is now available in Google AI Studio, Vertex AI and the Gemini Advanced app. The company has also made its general-purpose “workhorse” model, Gemini 2.0 Flash, available in general release via the Gemini API in AI Studio and Vertex. This follows last week’s announcement that Gemini 2.0 Flash is powering the Gemini app for desktop and mobile. Continue reading Google Adds Gemini Flash Thinking to Search, Maps and More

Google has introduced Gemini 2.0, the latest version of its multimodal AI model, signaling a shift toward what the company is calling “the agentic era.” The upgraded model promises not only to outperform previous iterations on standard benchmarks but also introduces more proactive, or agentic, functions. The company announced that “Project Astra,” its experimental assistant, would receive updates that allow it to use Google Search, Lens, and Maps, and that “Project Mariner,” a Chrome extension, would enable Gemini 2.0 to navigate a user’s web browser to complete tasks autonomously. Continue reading Google Releases Gemini 2.0 in Shift Toward Agentic Era of AI

Alphabet’s revenue increased by 15 percent during the latest quarter, topping $88.3 billion. Powered by advertising and cloud services, profits surged 34 percent to $26.3 billion, exceeding Wall Street expectations of $22.9 billion. The company experienced continued growth in the online marketplace with popular consumer services such as Google Search and YouTube while also expanding in B2B with cloud offerings. All this as the government explores dismantling its business while competitors such as TikTok and Amazon come after its market share. Advertising growth slowed in Q3, yet still notched a healthy year-over-year increase of 10.4 percent. Continue reading Alphabet Profits Climb 34 Percent, Powered by Cloud and Ads

Alphabet announced that its revenue was up 14 percent to $84.7 billion in Q2, slightly outperforming expectations. Profits rose 29 percent to $23.6 billion, beating analyst targets by $900 million. Search continued to be a top performer, generating $48.5 billion in the three-month period ending June 30, while Google advertising was up 10.5 percent to $64.6 billion. Google CEO Sundar Pichai said the company’s cloud and generative AI solutions “are being used by more than 2 million developers.” The Google Cloud services unit surpassed the $10 billion quarterly revenue mark for the first time. “We are innovating at every layer of the AI stack,” Pichai added. Continue reading Alphabet Reports Q2 Profits Jump 29 Percent to $23.6 Billion

Google is showing off a developmental chatbot it says represents the future of AI assistants. Called Project Astra, it has the ability to “see” and “hear,” remembering the information ingested, which it can then answer questions about — from simple queries such as “Where did I leave my glasses?” to unpacking and explaining computer code. Demonstrated at the Google I/O conference this week, Astra understands the world “just like people do” and is able to converse naturally, in real time. The company says some Project Astra features may come to Gemini late this year. Continue reading Google Teases Astra AI Assistant and Debuts Gemini 1.5 Pro

Google has infused search with more Gemini AI, adding expanded AI Overviews and more planning and research capabilities. “Ask whatever’s on your mind or whatever you need to get done — from researching to planning to brainstorming — and Google will take care of the legwork” culling from “a knowledge base of billions of facts about people, places and things,” explained Google and Alphabet CEO Sundar Pichai at the Google I/O developer conference. AI Overviews will roll out to all U.S. users this week. Coming soon are customizable AI Overview options that can simplify language or add more detail. Continue reading Google Ups AI Quotient with Search-Optimized Gemini Model

Alphabet reported revenue of $80.5 billion for Q1, a 15 percent increase fueled largely by online advertising from Google Search and YouTube. The figure topped analyst estimates of $78.8 billion. Profit soared, rising 57 percent to more than $23.6 billion, wildly overperforming the forecast of $18.9 billion. The strong performance resulted in Alphabet announcing its first ever shareholder dividend, at 20 cents per share, which pays out on June 17. Alphabet’s board approved a $70 billion stock repurchase program, and the news-filled earnings event drove Alphabet shares up 13 percent in after-hours trading. Continue reading Alphabet Profit Up 57 Percent, Prompting First-Ever Dividend

Google is implementing an internal reorganization that combines its Android and hardware teams. Google CEO Sundar Pichai announced a new Platforms & Devices team headed by Rick Osterloh, which includes Android, Chrome, ChromeOS, Photos and all Pixel products. Pichai says the move will help speed development. Osterloh’s mandate is full-stack platform development that smoothly incorporates AI across all Google platforms, including smartphones, TVs and anything with Android OS. Hiroshi Lockheimer, who previously ran ops for Android, Chrome and ChromeOS, moves on to other projects at Google and Alphabet. Continue reading Google Merges Android and Hardware Units for AI Efficiency

Google has rebranded its Bard chatbot as Gemini, and is launching a Gemini mobile app along with a subscription offering for Gemini Advanced that will be included as part of the new $19.95 monthly Google One AI Premium plan. As with Bard, Google will continue to make a free version of the Gemini chatbot available. Gemini Advanced is powered by Gemini Ultra, the most sophisticated of the three Gemini AI models Google unveiled in December. “Gemini Advanced not only allows you to have longer, more detailed conversations, it also better understands the context from your previous prompts,” Google explains. Continue reading Google Intros Gemini Advanced Chatbot, One AI Subscription

Google is closing the year by heralding 2024 as the “Gemini era,” with the introduction of its “most capable and general AI model yet,” Gemini 1.0. This new foundation model is optimized for three different use-case sizes: Ultra, Pro and Nano. As a result, Google is releasing a new, Gemini-powered version of its Bard chatbot, available to English speakers in the U.S. and 170 global regions. Google touts Gemini as built from the ground up for multimodality, reasoning across text, images, video, audio and code. However, Bard will not as yet incorporate Gemini’s ability to analyze sound and images. Continue reading Google Announces the Launch of Gemini, Its Largest AI Model

Google has filed suit in federal district court in California to stop alleged fraudsters from leveraging public interest in artificial intelligence generally and Bard in particular to spread malware. The perpetrators, who are believed to be based in Vietnam, are said to be using Facebook to promote an “unpublished” version of Bard that when downloaded installs password-stealing malware into the host system. The suit claims the scammers are using Google’s trademark-protected intellectual property — including its name and that of Bard, its brand look and colors, and photographs of CEO Sundar Pichai to promote an illegal scheme. Continue reading Google Seeks Out Scammers Using Bard to Spread Malware